Studio · 499 sqftMajestine Allure, Business Bay · 6th floor · completed 2018

601, Majestine Allure

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.09M28 July 2015
Current rentAED 61K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Majestine Allure

What is 601 worth today?

Last sold for AED 1,092,500 in 2015

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1 Sep 2025RentedNew contract
AED 61,000/yr12 months · AED 123 per sqft
28 Nov 2022RentedNew contract
AED 65,000/yr12 months · AED 130 per sqft
23 Nov 2021RentedRenewal
AED 42,550/yr12 months · AED 85 per sqft
23 Nov 2020RentedNew contract
AED 37,000/yr12 months · AED 74 per sqft
2 Mar 2020RentedRenewal
AED 50,000/yr12 months · AED 100 per sqft
26 Mar 2019RentedNew contract
AED 59,074/yr11 months · AED 118 per sqft
14 Mar 2019RentedNew contract
AED 55,000/yr12 months · AED 110 per sqft
28 Jul 2015Sold by developerOff-plan
AED 1,092,500AED 2,190 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
6th of 19
Parking
P1-31
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.09M · July 2015

About 601, Majestine Allure

601 is a studio of 499 sqft on the 6th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 28 July 2015 for AED 1,092,500, or AED 2,190 per sqft, in line with the AED 2,171 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 1 September 2025, is AED 61,000 a year: a gross yield of 5.6% on the 2015 price.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical studio in Majestine Allure
500K1M2014201820222026Typical sale price by year: 2014 AED 1,012,700; 2015 AED 1,008,900; 2016 AED 1,021,725; 2017 AED 1,059,250; 2018 AED 979,976; 2019 AED 931,000; 2020 AED 490,000; 2021 AED 630,000; 2022 AED 650,000; 2023 AED 770,000; 2024 AED 820,000; 2025 AED 840,000; 2026 AED 830,000Sold by developer, July 2015: AED 1,092,500 (AED 2,190 per sqft)

601 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 601, each contractTypical studio in Majestine Allure
40K60K20192021202320252027Typical rent by year: 2019 AED 50,000; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 65,000; 2026 AED 70,000New contract, March 2019: AED 59,074 a yearNew contract, March 2019: AED 55,000 a yearRenewal, March 2020: AED 50,000 a yearNew contract, November 2020: AED 37,000 a yearRenewal, November 2021: AED 42,550 a yearNew contract, November 2022: AED 65,000 a yearNew contract, September 2025: AED 61,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Majestine Allure, and where 601 sits

All 273 studios →

601 last sold in July 2015 at AED 2,190 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,171). Over the last 12 months studios sold for AED 740,000 to 930,000, around AED 1,761 per sqft, and rent for AED 57,301 to 96,000 a year. 601's AED 61,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Feb 2026814,000
29 Jan 2026830,000
27 Jan 2026860,000
27 Jan 2026820,000
8 studio sales in the last 12 months

Majestine Allure

Building

497 apartments, studios to 3-bed over 19 floors in Business Bay, completed in 2018 by Business Tower Investment. 12 sold in the last 12 months.

Typical price per sqft
AED 1,702 Up 2.5%
Typical sale
AED 845K
Typical rent
AED 94K /yr
Typical yield
7.2%
Majestine Allure, Business Bay: prices, sales and rents →

Other units on the 6th floor

All 497 units in Majestine Allure
Value
602StudioAED 814K · Feb 2026
603StudioAED 870K · Feb 2024
604StudioAED 640K · May 2022
605StudioAED 840K · Feb 2025
606StudioAED 960K · Jul 2024
6071-bedAED 1.96M · Nov 2014
6081-bedAED 1.53M · Nov 2018
1–7 of 34

601, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 28 July 2015 for AED 1,092,500, or AED 2,190 per sqft.
  • Rented since March 2019 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 37,000 in 2020 and recovered to AED 61,000 by September 2025.
  • At AED 61,000 a year the gross yield on the 2015 price is 5.6%.
  • Studios in Majestine Allure sold for AED 740,000–930,000 in the 12 months to November 2026; the building's median across all types is AED 1,702 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.

Questions about 601, Majestine Allure

What did unit 601 last sell for?

AED 1,092,500 on 28 July 2015, sold by the developer: AED 2,190 per sqft for 499 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 61,000 a year on the contract signed on 1 September 2025. The previous contract, from November 2022, was AED 65,000; the unit has been rented since March 2019.

How big is unit 601?

499 sqft (46.4 sqm): a studio on the 6th floor of a 19-storey tower completed in 2018.

What is unit 601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Majestine Allure sold for AED 740,000 to 930,000 in the last 12 months, around AED 1,761 per sqft.

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Mortgage on 601, Majestine Allure

Starts from the last sale price (AED 1.09M, 28 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,092,500
Deposit, UAE resident (20%)
AED 218,500
Deposit, non-resident (40%)
AED 437,000
Monthly over 25 years at 3.7%
AED 4,470

Plus AED 50,895 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →